Mason Jennifer 4
Research Summary
AI-generated summary
Marriott (MAR) CFO Jennifer Mason Receives Stock Awards
What Happened
- Jennifer Mason, Executive Vice President & Chief Financial Officer of Marriott International (MAR), was granted equity awards on February 13, 2026. The filing shows an award of 2,538 shares valued at $354.63 each (total ≈ $900,051) and a grant of 7,290 derivative units reported at $0 (stock appreciation rights/derivative award). These were awards (code A), not open‑market purchases or sales.
Key Details
- Transaction date: 2026-02-13; Filing date: 2026-02-18 (timely under Form 4 rules).
- Awarded: 2,538 shares @ $354.63 (value ≈ $900,051) and 7,290 derivative units reported at $0.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Footnotes:
- F1: The RSUs vest in three equal annual installments beginning Feb 15, 2027.
- F2: The Stock Appreciation Rights (SARs) are settled in Class A common stock and vest in three equal installments beginning Feb 15, 2027 and on each anniversary thereafter.
- Transaction codes: A = Award/Grant; derivative grant reported at $0 is typical for SARs/other performance/stock-settled awards.
Context
- RSUs represent a grant of shares subject to vesting; they do not provide immediate, unrestricted stock (vesting begins Feb 15, 2027). SARs give the holder the right to receive appreciation in Marriott stock (settled in shares), so the granted SARs have potential future value but no cash outlay when granted. Awards are commonly part of executive compensation and do not necessarily indicate a personal buy/sell decision by the insider.